This 3-bedroom, 1-bath home offers a fantastic investment opportunity! Currently Section-8 tenant-occupied paying $1037/month, the property generates steady rental income and is well-suited for investors looking to expand their portfolio. The home features a practical layout with three comfortable bedrooms, a full bath, and a spacious living area. Conveniently located near schools, shopping, and major roadways, this property combines functionality with long-term potential. New water heater 2025. Whether you’re seeking consistent cash flow or future appreciation, this is a solid addition to your investment holdings.

***Cahokia, IL is a suburb located just a short 8 miles from St. Louis, making it a great location for those seeking proximity to the urban amenities of the city while enjoying a quieter residential atmosphere. This community offers a mix of affordable housing options, making it an attractive choice for rental property investment. With easy access to major highways, residents can conveniently commute to St. Louis for work or leisure. Additionally, Cahokia boasts local parks, schools, and shopping, essential services, and major roadways, ensuring a well-rounded living experience for tenants.

Renovations include:
– Hot water tank installed 2025
– New Window AC units 2025
– New Roof 2018
– New Furnace 2023
– All property updates requested for Section 8 approval

MartelTurnkey has partnered with some of the top lenders that provide a wide range of financial solutions to meet your Rental investing needs. Talk to an Advisor to learn more or visit our partner to get pre-approved.

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Purchase and Sale Agreement (PSA): A PSA will be delivered electronically once an agreement has been made and must be executed by Buyer within 24 hours of receipt.
Earnest Money Deposit (EMD) of $1,000 must be wired to the Title Company within 3 days of PSA signing.
Appraisal Contingency is available for financed properties, and will be waived automatically if the property appraises for the sale price. If it does not appraise for the sale price, then the Buyer and Seller will have the opportunity to come to terms or the Buyer can cancel the contract.
Closing Date: The Closing Date will occur within 15 days of PSA execution for cash transactions and 45 days of PSA execution for financing unless otherwise agreed by Buyer and Seller.
Lease Agreement: The current lease agreement will be provided to Buyer at Closing.
Closing Costs: Closing costs shall be paid based on local custom, and will include discounts negotiated by Martel TurnKey to lower transaction costs for Buyers and Sellers. Actual closing costs will be outlined on the final settlement statement.

Click here to learn more about buying rental properties from MartelTurnkey. If you have any further questions, schedule a call with an advisor